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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (3676)7/30/2002 10:21:59 PM
From: Skeeter BugRespond to of 306849
 
**If I cashed out, what could I get that was any better because all the houses have gone up. I don't want a bigger mortgage or any mortgage.**

i don't know, double the property tax, maybe? ;-) i'm with ya. pay off the mortgage and be done with it. i'm thinking hard about getting a 15 year mortgage. i want to take a shot at starting a business before i tie up another couple hundred a month, though.

**Needless to say it happens. I think its silly to try to time it, because these periods can last longer than anyone can guess (especially in California which is in its own little market).**

yup. and it isn't as easy to "trade" as the market. i HATE moving! -lol-

**I agree with you about San Diego. My sister used to live in Encinitas and I loved visiting her there. Now she's in Seattle which is beautiful for three months out of the year if you are lucky and almost as expensive. So I visit in Sept or August....but I wish she still lived in San Diego near a beach where the ocean is warm enough to swim.**

i'm originally from seattle. nice place. but not as nice as here. :-) 3 months of good weather? you are nice. some years it is 3 weeks.

ironically, my parents want my family to go there for christmas. ha! how about the 4th of july and they visit me for x-mas dinner on the beach! sounds much better :-)